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To: Ender who wrote (1340)1/26/2000 6:03:00 PM
From: Voltaire  Read Replies (3) | Respond to of 35685
 
Hi Ender,

thanks for the kind post. This bug is hell.

I hope everyone took advantage of the semi run-up we had in order to position themselves for this correction that most do not want to admit is here. As I said about ten days ago, this correction officially began with the Houses disappointment in MSFT's earnings and will continue for about four to six weeks and will end only after about a 30% correction in the NAZ. Todays action in the Q was just another segment of that correction. The bottom on the Q should be somewhere around 100 to 110. Do not be fooled by the headfake upturns, the houses will just use those to sell into strength. The Houses have been selling into this strength for over a week now and most do not realize it.

I know this is not what people want to hear but it is what I have seen for two weeks now.

Voltaire